Advertisement

HindustanTimes Mon,21 Apr 2014

Vodafone looking to sell its 45% stake in Verizone Wireless

AFP  London, August 29, 2013
First Published: 13:00 IST(29/8/2013) | Last Updated: 13:02 IST(29/8/2013)

British mobile phone giant Vodafone on Thursday said it was in talks with US telecommunications operator Verizon regarding the possible sale of its 45% stake in Verizon Wireless.

Advertisement
"Vodafone notes the recent press speculation and confirms that it is in discussions with Verizon Communications Inc. regarding the possible disposal of Vodafone's US group whose principal asset is its 45% interest in Verizon Wireless," Vodafone said in a statement.

Advertisement
more from Business

700 trainees opt for exit plan at Nokia’s Chennai plant

Finnish handset maker Nokia, struggling to shepherd its Chennai plant into its agreement to be bought by US software giant Microsoft amid tax disputes in India, has got some success with 736 of its trainees accepting the voluntary separation scheme.
markets
Advertisement
Most Popular
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved